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Jan 14, 2013
01/13
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to the debt ceiling it's the republicans's fault. what do you think of that? >> i would say that is nonsense to some degree. for 30 years we have overspent, overpromised and overborrowed and now we are broke and bills are due. we have a democratic administration with no courage and no guts and no leadership when it comes to cutting spending and reforming entitlements and paying our bills. to use this and blame republicans, i think is irresponsible. we cannot keep borrowing at this rate. we just jumped up the national debt four trillion dollars on new year's day with no end in sight. somebody has to say enough is enough. i think they need to start having a serious discussion in the white house in how we are going to cut spending. >> neil: governor, thank you very much. >> all right. if he was getting all the red carpet buzz of the golden globes last night. >> oh, my god! >> you need a tremendous amount of beauty sleep and he is a gorgeous man. >> it's very motivating. >> thanks for everything, truly. >> why aren't you here? >> i thoug
to the debt ceiling it's the republicans's fault. what do you think of that? >> i would say that is nonsense to some degree. for 30 years we have overspent, overpromised and overborrowed and now we are broke and bills are due. we have a democratic administration with no courage and no guts and no leadership when it comes to cutting spending and reforming entitlements and paying our bills. to use this and blame republicans, i think is irresponsible. we cannot keep borrowing at this rate....
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Jan 14, 2013
01/13
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what's the take on the remarks in reaction how the debt ceiling sorts itself out? >> i don't think he's exaggerating at all. we have these debates every year right now, and we have the better part of the last 20 years, but it seems like when it comes to the wire, we always find a way to raise the debt ceiling, get washington back to work again, and that is our expectation. the difficulty is that the uncertainty in washington is freezing the treasury mark and investors. >> okay. back to ben bernanke, commenting this afternoon, if he reassures wall street he plans to continue the bond buying for as long as it needs to happen to get unemployment back, to get the economy growing. do you think that will keep rates depressed or signals, yeah, you know, we don't need to continue with this as long as we had initially planned to. do you expect a sharp, a rise in rates in take it from there. curious to where you think rates are headed. >> lori, between now and the date of sequesteringen on march 1st, treasury yields in a tight range? >> what kind of range? >> i think 1.7% to
what's the take on the remarks in reaction how the debt ceiling sorts itself out? >> i don't think he's exaggerating at all. we have these debates every year right now, and we have the better part of the last 20 years, but it seems like when it comes to the wire, we always find a way to raise the debt ceiling, get washington back to work again, and that is our expectation. the difficulty is that the uncertainty in washington is freezing the treasury mark and investors. >> okay. back...
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do not raise that debt ceiling. >> i would like to see that as any type of negotiation. i would love to see a universe that is much different. stuart: no more borrowing, live within your means. you would have a crash. an almighty crash. >> i do not believe that is true. [talking over each other] stuart: you can move the money around. in the mid- 1990s, we did not have a borrowing requirement. >> we have had eight debt ceiling crisis since 1962. stuart: i have to get this straightened out, i say if we stopped dead, no more borrowing number i say we crash. >> i say we crash, but maybe that is what we need to do. stuart: no wonder who did that whatever get elected ever again. >> i do not think we crash. i think we correct ourselves. >> whoever steps up to the plate, ultimately, you are right. they will be demonized and a village until maybe four or five or ten years down the road. >> talk about the legacy of president obama. he was a big spender. what is obama's legacy? >> the new era of fiscal responsibility. i call this whole thing the obama budget. they acted on the impu
do not raise that debt ceiling. >> i would like to see that as any type of negotiation. i would love to see a universe that is much different. stuart: no more borrowing, live within your means. you would have a crash. an almighty crash. >> i do not believe that is true. [talking over each other] stuart: you can move the money around. in the mid- 1990s, we did not have a borrowing requirement. >> we have had eight debt ceiling crisis since 1962. stuart: i have to get this...
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Dec 20, 2013
12/13
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inquiries, every time the president asks us to raise the debt ceiling is a good time to try to achieve something important for the country. >> we, as a caucus, along with our senate couldn't parts, are going to meet and discuss what it is we want to get out of the debt limit. we don't want nothing out of this debt limit. we're going to decide what it is we can accomplish out of this debt limit fight. >> what all this amounts to is what an old basketball coach of mine used to call down the block tough. you're familiar with the concept of down the block tough, if not the phrase. it's when you start jawing with someone or get into a little fisticuffs and after you've walked away you say, yeah, and your mother. this is what has happened in the last three months to the republicans. they got their clock cleaned by the shutdown, and had to capitulate fully and completely to the initial offer, having gained nothing but a lot of bad feelings from the country. and the disaster of is that incident completely discredited the central tactic the gop has been using since the big fight back in 2011, w
inquiries, every time the president asks us to raise the debt ceiling is a good time to try to achieve something important for the country. >> we, as a caucus, along with our senate couldn't parts, are going to meet and discuss what it is we want to get out of the debt limit. we don't want nothing out of this debt limit. we're going to decide what it is we can accomplish out of this debt limit fight. >> what all this amounts to is what an old basketball coach of mine used to call...
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Jan 29, 2013
01/13
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we ask do you think congress is going to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come out of the market and that there's overwhelming sentiment that coss i solve the get problem. we asked wall street to grade our treasury secretary going out and one coming in. you can see a pretty strong sentiment that he was a seed secretary with a 2.2. jack lew, the sentiment there. 2.0. one more thing on the deficit i just want to say and maybe this is worthy of discussion here. i think this is a sign that things have improved, at these economists and guys on wall street are saying we should solve the deficit and do it now. i think if things were as bad as they were say the last couple years there might be less sense that we urgently need to fix the deficit problem. mike england from action economics said if we
we ask do you think congress is going to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come out of the market and that there's overwhelming sentiment that coss i solve the get problem. we asked wall street to...
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Jan 8, 2013
01/13
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ceiling. now some republicans are saying, how about we just ask for a budget? the congressional budget act of 1974 requires that congress pass a budget every year by april 15th. harry reid last allowed a budget to be passed in the senate in april of 2009. as you ed said earlier that is 1350 days ago. the reason is clear. the budget that was passed passed by a big democratic majority had highly elevated levels have spending. by not passing a new budget they of made the spending the new baseline. they really don't want to change that. they haven't passed one. they funded the government by passing a series of continuing resolutions since then. >> neil: are they breaking the law? >> they are. the law does require congress to do this. i have to say, after i published this article in the washington examiner. i got tons of e-mails, gee, if it's the law and harry reid is breaking it can't they do something about it? the law was written and it's a requirement and it has no enforcement provision. it has
ceiling. now some republicans are saying, how about we just ask for a budget? the congressional budget act of 1974 requires that congress pass a budget every year by april 15th. harry reid last allowed a budget to be passed in the senate in april of 2009. as you ed said earlier that is 1350 days ago. the reason is clear. the budget that was passed passed by a big democratic majority had highly elevated levels have spending. by not passing a new budget they of made the spending the new baseline....
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Dec 27, 2013
12/13
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ceiling debate, what are your thoughts about where they will go? >> this ad is liberal will be repeated over and over against every democrat running for office. if you compare that add campaign that takes a knife tucci shaheen to the floor and the obama team runs with a kid in his pajamas drinking hot chocolate. talk about obacare with your parents, it just shows they don't have a prayer. the republicans are coming with brass knuckles the and they he hot chocolate. it is not close. lou: where were they in 2012 with romney at the top off3 the ticket? that could have used some of inspiration. >> it is interesting to see this come out so early with a foldable democrats they're all on tape saying if you lik l of it but it is just ready mated munition. the fact that obamacare is imploding and if you thought 2013 was bad wait until 2014. the challenge for the republicans is not to go off the rails or get distracted by other issues. they must stay on obamacare. lou: day you think the president's numbers are retrievable? is this a broken trust of the ameri
ceiling debate, what are your thoughts about where they will go? >> this ad is liberal will be repeated over and over against every democrat running for office. if you compare that add campaign that takes a knife tucci shaheen to the floor and the obama team runs with a kid in his pajamas drinking hot chocolate. talk about obacare with your parents, it just shows they don't have a prayer. the republicans are coming with brass knuckles the and they he hot chocolate. it is not close. lou:...
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Dec 18, 2013
12/13
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surely you're not telling me the republican leaders would throw that away on the debt ceiling. e that goes to theolls with your arguments and stop this nonsense? >> here we go. u're right on track, and i think that every candi, whether an income and our new candid needs to be asked this question by voters. that is, what specifically do you prose to get mandatory spending? don't t those candidates get away from that dficult question that has got to be answered. lou: the question can be posed until next november. i'm asking you right now. is it your committed to avoiding a showown of the government again? >> yes, they are. what we need to do -- well, -- lou: i'm going to take what we can in that time we are allotted, congressman. >> i understand. i understand. we should not shut the governnt down, but at the same time -- lou: no, sir, we should not. >> the courage to wrestle with mandatory spending. >> i urge the republicans tt feel, if you feel strongly about something get out and get a ground game going and move some voters to the polls because that is where the answers lie, no
surely you're not telling me the republican leaders would throw that away on the debt ceiling. e that goes to theolls with your arguments and stop this nonsense? >> here we go. u're right on track, and i think that every candi, whether an income and our new candid needs to be asked this question by voters. that is, what specifically do you prose to get mandatory spending? don't t those candidates get away from that dficult question that has got to be answered. lou: the question can be...
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Jan 24, 2013
01/13
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FOXNEWS
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i think the debt ceiling punt was the latest example of this. the president says, if we don't do this the market is going to implode and congress puts its tail between it legs. i haven't heard anything from s&p or moodies who say we want the debt ceiling to go higher. everybody watching this show who has cut back 0, government has to learn how to do the same thing. it's cowardly in washington to continue to hide behind the notion that we're going to collapse overnight as a nation if we don't keep spending ourselves to death. >> i agree. congressmen have basically sent a message that today is not the day we're going to stop spending our children's and grandchildren's money, and charles is exactly right. the reason why our credit got downgraded is because of our out of control spending and out of control debt. the fiscal cliff deal even we just witnessed, it's such -- added four trillion dollars to our deficit over the next ten years. so, congress is not serious about reigning in spending and that's exactly when the we need to too. >> but they're
i think the debt ceiling punt was the latest example of this. the president says, if we don't do this the market is going to implode and congress puts its tail between it legs. i haven't heard anything from s&p or moodies who say we want the debt ceiling to go higher. everybody watching this show who has cut back 0, government has to learn how to do the same thing. it's cowardly in washington to continue to hide behind the notion that we're going to collapse overnight as a nation if we...
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Nov 28, 2013
11/13
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. >> but i want you -- >> -- the debt ceiling. that's going to go quarterly. every quarter going to face that through next year and impose immigration on top of it. >> make a prediction, will there be any kind of new immigration law passed in 2014 before the mid terms? >> yes, but it won't be immigration largely a republican sponsored bill out of the house and the senate will go along with. piecemeal on boehner's terms. it's not going to be a whole big deal. it will be a few small steps. thank you very much. plenty more ahead as the factor moves along this evening. dennis miller on iran. knockout violence and the president getting money from hollywood big shots. but, next, the best of watters world, you might want to tape this segment. we hope you stay tuned to those reports. flnk relieving the pain quickly. try fast, long lasting gaviscon®. >>> watters world segment tonight. almost frightening that jesse watters is becoming a national celebrity. no one can quite figure out why that's happening. so, tonight, we decided to run some previous watters confrontati
. >> but i want you -- >> -- the debt ceiling. that's going to go quarterly. every quarter going to face that through next year and impose immigration on top of it. >> make a prediction, will there be any kind of new immigration law passed in 2014 before the mid terms? >> yes, but it won't be immigration largely a republican sponsored bill out of the house and the senate will go along with. piecemeal on boehner's terms. it's not going to be a whole big deal. it will be a...
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Dec 18, 2013
12/13
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it's a lie to the american people to say there is a debt ceiling because every time the career politicians in this town figure out a way to increase the debt ceiling. if in fact you just did the 1% rule that has been proposed by people and cut the budget 1% a year in 10 years you have a balanced budget and you don't have to increase the debt ceiling anymore. that doesn't say anything about reforming the tax code. so look, i have not voted for a debt ceiling increase because i think it's not honest with the american people. it's meaningless. we ought not to spend money we don't have and the reason we ought not to be spending that money is because all we are doing is decreasing the standard of living of the present up coming general election and surely $3 trillion for the spending we can find one or 2% or three or 4% that is wasteful and all we did was put out this book. i didn't include the second 200 or the third 200 of things that most reasonable people with any common sense and real work history would say that's not good value. that is not wise spending. the question is where is everyone
it's a lie to the american people to say there is a debt ceiling because every time the career politicians in this town figure out a way to increase the debt ceiling. if in fact you just did the 1% rule that has been proposed by people and cut the budget 1% a year in 10 years you have a balanced budget and you don't have to increase the debt ceiling anymore. that doesn't say anything about reforming the tax code. so look, i have not voted for a debt ceiling increase because i think it's not...
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Oct 14, 2013
10/13
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ceiling and the sequester. >> we will follow every minute. >>> up next, a clash of the titans over the washington redskins. i'm kind of seeing a... some kind of... this is... an alien species. reality check: a lot of 4g lte coverage maps don't really look like much at all. i see the aleutian islands. looks like a duck. it looks like... america... ish. that's a map. that's a map of the united states. check the map. verizon's 4g lte is the most reliable, and in more places than any other 4g network. i've got the good one! i got verizon! that's powerful. verizon. the lg g2. featuring an intuitive rear-key design and 13 megapixel camera. the recent increase in cafeteria prices is not cool. when you vote for flo, we'll have discounts. ice-cream discounts. multi-cookie discounts. pizza loyalty discounts! [ kids chanting "flo!" ] i also have some great ideas on car insurance. [ silence ] finding you discounts since back in the day. call or click today. i like her. 6. . . . >>> think for a moment about the term red skins and how it truly differs from all the others. ask yourself what the equiv
ceiling and the sequester. >> we will follow every minute. >>> up next, a clash of the titans over the washington redskins. i'm kind of seeing a... some kind of... this is... an alien species. reality check: a lot of 4g lte coverage maps don't really look like much at all. i see the aleutian islands. looks like a duck. it looks like... america... ish. that's a map. that's a map of the united states. check the map. verizon's 4g lte is the most reliable, and in more places than any...
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Jan 31, 2013
01/13
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. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal way to run government but a short-term solution is better than another imminent manufactured crisis. >> reporter: there will be a whole bunch of amendments proposed today. one would offset every dollar of increased borrowing with spending reductions. another would add 120 day extension to any possible government shutdown threat in the future to give lawmakers to avoid type of bloated bills that get passed in the dead of night and increase the deficit, debt and spending. all the amendments are expected to be defeated and the measure is expected to pass and as for that member pay, folks shouldn't think lawmakers are making too much of a sacrifice. there is constitutional amendment says senators and house members have to be paid. their salaries would be delayed, not denied. jenna: do we have such a
. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal way to run government but a short-term solution is better than another imminent manufactured crisis. >> reporter: there will be a whole bunch of amendments proposed today. one would...
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Jan 19, 2013
01/13
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i think we should abolish the debt ceiling. i don't think we can have this conversation every couple of months. the american people are tired of going from one manufactured crisis to another instead of solving our real problem like job creation. that's something people want congress to focus on. there is a reason they have a 9% approval rating, because they're not attack the real problems that we haves a nation. >> rick: trey? >> kristy, what's wrong with asking the united states senate to do their job and pass a budget by april 15? what's wrong? >> the answer is that again, you need 60 votes to pass a budget. when you actually need the help, you either need 60 vets or you need basically the help of the house. essentially democrats need the help of republicans. they've not gotten that heaven on a great many number of issues. so i think it's cynical to assume they're going to suddenly be all cooperative on this issue. >> rick: real quick -- >> i would argue that with a spending addict, you're not going to give them any more mone
i think we should abolish the debt ceiling. i don't think we can have this conversation every couple of months. the american people are tired of going from one manufactured crisis to another instead of solving our real problem like job creation. that's something people want congress to focus on. there is a reason they have a 9% approval rating, because they're not attack the real problems that we haves a nation. >> rick: trey? >> kristy, what's wrong with asking the united states...
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if we hit the debt ceiling february 15th, the same bipartisan policy center report said we would basically take one month time, $165 billion out of the economy. that is 10% of gdp in one month. that would send the economy back into recession, unemployment would skyrocket again, we would be far worse off. we need a balanced approach to deficit reduction. we started on that track and need to continue. ashley: congressman ron, responded you can. >> my good friend is totally wrong. it is not government spending that will stimulate the economy. we need to leave those dollars in the hands of job producers and family businesses, the hands of consumers instead of sending it to the federal government in washington d.c.. we have to cut spending. the american people want us to deal with this issue right now. $16.4 trillion is unsustainable. every man, woman or child, even the newborn babies, $52,000 a person, that is unsustainable. we have to cut spending, make major cuts in spending across all of the whole government expenditures including the non discretionary funds, so-called entitlements. we have
if we hit the debt ceiling february 15th, the same bipartisan policy center report said we would basically take one month time, $165 billion out of the economy. that is 10% of gdp in one month. that would send the economy back into recession, unemployment would skyrocket again, we would be far worse off. we need a balanced approach to deficit reduction. we started on that track and need to continue. ashley: congressman ron, responded you can. >> my good friend is totally wrong. it is not...
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Oct 14, 2013
10/13
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CNBC
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we should never, ever go through this drill every couple of months on the debt ceiling. we should have much longer -- we should have time periods of much longer duration. fight about the budget and issues like that. but not have this debt ceiling brinksmanship which we know -- and it's irrefutable. we know from 2011 just the debate and just getting close to the deadline itself is very damaging for the economy. we should get away from that. even though it can be frustrating to have shorter-term budget deadlines. but at least it looks like we're going to be able to open up the government and get through this non-default as we all hope for. >> obviously as you said earlier, things are very fluid and developing and who knows what the ultimate points of a hard bargain will be. but to larry's point, if you have a mid december deadline on trying to reach a broader budget agreement for the long term and you don't come to an agreement, then you're looking in mid january and then early february, the 7th, on the debt ceiling thing. we'd be right back where we are with one more aven
we should never, ever go through this drill every couple of months on the debt ceiling. we should have much longer -- we should have time periods of much longer duration. fight about the budget and issues like that. but not have this debt ceiling brinksmanship which we know -- and it's irrefutable. we know from 2011 just the debate and just getting close to the deadline itself is very damaging for the economy. we should get away from that. even though it can be frustrating to have shorter-term...
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May 27, 2013
05/13
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CSPAN2
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when they begin to realize how permanent this is, every time the budget -- debt ceiling expires which is going to happen month after month, year after year, we're going to be paralyzed fiscally, that's going to spill over in the economy, that is going to fundamentally undermine confidence, and i'm not trying to paint a story of doom or gloom which it is, i'm trying to get the honest truth out about in this budget doomsday machine. second is the fed is a serial bubble maker. their bubble machine. they're doing untested theories that would have been considered wacky as recently as 1990 by any, you know, 99 out of 100 economists that you might have taken a poll among. they are expanding the balance sheet of the fed so fast, they are so deeply involved in all the financial markets that interest rates have been destroyed. wall street today is nothing but a casino that is front running and trading what the fed may do and, therefore, the bond market is the greatest bubble that has ever been created, and when it explodes, a huge problem will happen. the political parties have failed. i say in
when they begin to realize how permanent this is, every time the budget -- debt ceiling expires which is going to happen month after month, year after year, we're going to be paralyzed fiscally, that's going to spill over in the economy, that is going to fundamentally undermine confidence, and i'm not trying to paint a story of doom or gloom which it is, i'm trying to get the honest truth out about in this budget doomsday machine. second is the fed is a serial bubble maker. their bubble...
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stuart: if somebody did that with raising the debt ceiling, for example, you would draw attention to what is going on. >> he is a young, athletic man. not every senator could do this. stuart: cornet somebody else take over? >> if they follow the rules, then they can extend the filibuster. they can give him a break from speaking by their own long winded questions to him. stuart: i would like to see that done. you have political clout. make it happen. >> you cannot filibuster a budget resolution. >> i thought you could filibuster everything. stuart: something you did not know. i have to stop you right there. we are out of time. in a moment, i am talking football with a football star. i know the audience is desperate to see me talk football. >> do you know enough about american football to have this conversation on tv? stuart: quiet. it is no secret that the nfl is a dangerous place to be. it is also big money. the most popular sport in america. stephen johnson joined us after the break. we will ask him -- stephen jackson, sorry about that. we will ask you all the questions that we shou
stuart: if somebody did that with raising the debt ceiling, for example, you would draw attention to what is going on. >> he is a young, athletic man. not every senator could do this. stuart: cornet somebody else take over? >> if they follow the rules, then they can extend the filibuster. they can give him a break from speaking by their own long winded questions to him. stuart: i would like to see that done. you have political clout. make it happen. >> you cannot filibuster a...
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Jan 17, 2013
01/13
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FBC
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eye 44
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did you know the trillion dollar coin and make the debt ceiling disappear? neil: i am told if you want to look said on camera wear dark clothes and keep the camera at a distance. it works every time. some bakers could take this to the extreme wearing only black. wait. moving the camera to another studio. i exaggerate that some will do an
did you know the trillion dollar coin and make the debt ceiling disappear? neil: i am told if you want to look said on camera wear dark clothes and keep the camera at a distance. it works every time. some bakers could take this to the extreme wearing only black. wait. moving the camera to another studio. i exaggerate that some will do an
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Dec 22, 2013
12/13
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MSNBCW
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debt ceiling is a good time to try to achieve something important for the country. >> we don't want nothing out of this debt limit. we're going to decide what it is we can accomplish out of this debt limit fight. >> once again, the cuckoo caucus, aka the tea party and outside tea party groups will have their back. in fact, they view this fight as just the beginning of a resurgence of power for the tea party. this is a time to regroup, rejuvenate and reorganize. as "the washington post" reported this week, while the cuckoo caucus prepares to return in january, outside groups like the coke backed americans for prosperity are also prepping for a long fight into the 2014 mid-term elections. they describe americans for prosperity head tim phillips on a recent trip to south carolina, quote, he talked about the need for more money, the need for more volunteer time, for more, quote, professional, motivated, numerous grass roots army. and, alas, they've got it. despite what the polls say the departy isn't demoralized at all. as one tea partier put it in the post boehner's comments attacking
debt ceiling is a good time to try to achieve something important for the country. >> we don't want nothing out of this debt limit. we're going to decide what it is we can accomplish out of this debt limit fight. >> once again, the cuckoo caucus, aka the tea party and outside tea party groups will have their back. in fact, they view this fight as just the beginning of a resurgence of power for the tea party. this is a time to regroup, rejuvenate and reorganize. as "the...
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Oct 5, 2013
10/13
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CSPAN2
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deficit -- debt ceilings, we have some revenue, et cetera. that's not going to be the case from what i sense from the other side. so we have i think a real challenge before us. and the challenge is that there seems to be this blaise attitude in some respects, particularly on the house among certain of their members that, "so what? we default?" well, other countries have defaulted and they've seen the consequences. we saw something like it in august of 2011. but greece, for example -- and it's very difficult to compare the two economies. and i don't want to suggest that our experience will be -- mimic their experience. it's a much smaller economy. it does not have an independent currency. it is tied to the euro. but their debt in 2012 was basically challenged. the international swaps and derivative association determined that they had technically defaulted on their sovereign debt. this would trigger quite a default -- credit default swaps being called. one estimate of the net notional value of the greeks' credit default swaps at the time was a
deficit -- debt ceilings, we have some revenue, et cetera. that's not going to be the case from what i sense from the other side. so we have i think a real challenge before us. and the challenge is that there seems to be this blaise attitude in some respects, particularly on the house among certain of their members that, "so what? we default?" well, other countries have defaulted and they've seen the consequences. we saw something like it in august of 2011. but greece, for example --...
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Jan 14, 2013
01/13
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FBC
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eye 65
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if we go over the debt ceiling, run -- >> we have already. >> we don't default, do we? we do not default. >> we don't ever really default. we can always continue to pay the bills, print the money. >> tax money comes in. >> talk politically. president obama will stump and campaign saying it will be unpay patriotic for the republicans to not raise a debt ceiling after he's already said it's unpatriotic to exceed the debt ceiling in 2007-2008. he's in a very, very tough place. i think the republicans in the house in congress will give him a hard time, won't make it an easy checkbook. they'll ask for something in return, not sure what it's going to be. they'll probably get it, some negotiation, but, again, we already exceed the debt ceiling. $16.4 trillion tim geithner, fudges numbers around, pay the bills until congress signs the increase in debt ceiling. >> a repeat of the fiscal cliff? >> that's what politics is in dc. this is all games, all threats, all the clock is ticking down. makes you worry if the country's going to default. >> eric, here's the thing -- >> at the e
if we go over the debt ceiling, run -- >> we have already. >> we don't default, do we? we do not default. >> we don't ever really default. we can always continue to pay the bills, print the money. >> tax money comes in. >> talk politically. president obama will stump and campaign saying it will be unpay patriotic for the republicans to not raise a debt ceiling after he's already said it's unpatriotic to exceed the debt ceiling in 2007-2008. he's in a very, very...
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Jan 21, 2013
01/13
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WRC
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and so the fact that they have backed off both -- not only the idea that we should hold debt ceiling hostage, but second that it shouldn't be one for one cuts, you know, boehner used to say that, the house proposal doesn't say that, dollar in cutting for every dollar in raising the debt ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive step. >> you never get a clean debt ceiling raise. >> yes, you should. >> that's not a question of whether you should. but historically it's not been the case. >> mitch mcconnell proposed it two years ago and we passed it. but let me say this on the budget. we democrats have always intended to do a budget this year. for two reasons. first, it is not true that we haven't had budget control in effect over the last several years. the budget control act of 2011 put rigid spending cuts that are in effect -- that were in effect last year. we cut $1 trillion. we didn't like it. it was much more of a republican type
and so the fact that they have backed off both -- not only the idea that we should hold debt ceiling hostage, but second that it shouldn't be one for one cuts, you know, boehner used to say that, the house proposal doesn't say that, dollar in cutting for every dollar in raising the debt ceiling. >> would you support a short-term measure to force you to pass a budget? >> i think it should be longer because we don't want to play fiscal cliff every three months. but it's a positive...
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Oct 15, 2013
10/13
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the debt ceiling, obviously a bigger issue. we take in enough money to cover our obligations every month. but look at veterans in d.c. get to this later tonight. but a sneak peek. this is what we brought our veterans to in this country. that they are now breaking down barricades, risking arrest, to make a cheap political point. watch the congressman -- brady -- comment on this as we show this video. it is shameful, that any white house would use veterans as political pawns. pun, people who have risked their lives for our freedoms. they can't visit the very memorial erected in their honor. shameful. we are seeing this throughout the country. the closing of the memorial at norman dechdy normandy, destroying trips planned a lifetime to see the memorial. be there at the site. government just, closes it down. just to score political points. really is the were rs i thorst america is. a government willing to silence voices of americans to internal revenue service. guess you can't put anything above the white house. >> guys, thank you
the debt ceiling, obviously a bigger issue. we take in enough money to cover our obligations every month. but look at veterans in d.c. get to this later tonight. but a sneak peek. this is what we brought our veterans to in this country. that they are now breaking down barricades, risking arrest, to make a cheap political point. watch the congressman -- brady -- comment on this as we show this video. it is shameful, that any white house would use veterans as political pawns. pun, people who have...
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we have hit the debt ceiling, so says the treasury secretary. i'm not sure where we are. is that right? every actually hit it? is the treasury secrery's speaking metaphocally in some way? >> well, running close to the limit and then the secretary of the treasury begins takng money from different friends inside the government. he uses that money to run the governments of the borrowing. lou: basically doing what millions of americans accuse him of doing, cooking the books and playing games. thateems to be pretty standard . i have to ask you this. why is it just now occurring to both the president and the congress of the yet to state that they should do something about this rather than say, oh, one month before the election where would have been beneficial , perhaps much of the republicans who seek prudent fiscal policy to have done so. >> certainly you want to get ahead of this problem. running against the limit d going through a series of special measures, doesn't make any sense to run the government. the end of this with been preferable, but there's no appetite for taking
we have hit the debt ceiling, so says the treasury secretary. i'm not sure where we are. is that right? every actually hit it? is the treasury secrery's speaking metaphocally in some way? >> well, running close to the limit and then the secretary of the treasury begins takng money from different friends inside the government. he uses that money to run the governments of the borrowing. lou: basically doing what millions of americans accuse him of doing, cooking the books and playing games....
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Oct 4, 2013
10/13
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ALJAZAM
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ceiling in exactly two weeks unless congress raises the ceiling. government won't be able to pay its bill. jacob has written in usa today and says every american could be effected. he writes:lieu adds the u.s. met all its financial obligation an add this is sa nation who keeps its word. so, some are saying the shut down is effecting operations. may 4th is said to cut jobs. boeing said it should delay delivery and the dream liner jet and the faa officials sign off on the plane that is furlough. and the united technology warns that as many as 5 thoeurbg 5,00s will stay home if no agreement is reached by november. that company makes helicopters and engines for the military. >>> the shut down the shutting down for many woman trying to buy food for their kids. >> people are already.ing turned way. >> julissa perez is a single work mother with two children. she count on food vouchers from wic. >>> i rely on milk a lot because it's very expensive. when she walked in to the wic center they couldn't give her any vouchers. >> it's hard being a single parent
ceiling in exactly two weeks unless congress raises the ceiling. government won't be able to pay its bill. jacob has written in usa today and says every american could be effected. he writes:lieu adds the u.s. met all its financial obligation an add this is sa nation who keeps its word. so, some are saying the shut down is effecting operations. may 4th is said to cut jobs. boeing said it should delay delivery and the dream liner jet and the faa officials sign off on the plane that is furlough....
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Aug 13, 2013
08/13
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FBC
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time you come to this precipice of shutting down the government, refusing to raise the debt ceiling, republicans get blame. the leadership, republican leadership is saying we don't want it, cantor's words, in part because they see it as politically exposing them to damage in the 2014 races so it's highly a political conversation. the white house, by the way, you said, is the white house baiting them? i don't know if they are baiting them, but glad to let it wait and let republicans skewer themselves. connell: could that backfire or is it clear the republicans have the most to lose here? >> republicans have the most to lose, because, again, we come back to the heart and soul of the matter having to do with obamacare, and, again, you know, with the recent polls indicates is americans don't like it, but on the other hand, it's a fact, it's going to happen. the question is why would you risk very fragile economic recovery, credit ratings, the rest, and a good market, you know, wall street's doing well, why risk that just to make some kind of a, you know, political point that really is no
time you come to this precipice of shutting down the government, refusing to raise the debt ceiling, republicans get blame. the leadership, republican leadership is saying we don't want it, cantor's words, in part because they see it as politically exposing them to damage in the 2014 races so it's highly a political conversation. the white house, by the way, you said, is the white house baiting them? i don't know if they are baiting them, but glad to let it wait and let republicans skewer...
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Sep 18, 2013
09/13
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FOXNEWSW
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he's wrong on the debt ceiling -- >> neil: but if it doesn't take away the partisan nature, nothing with. >> it's about two very strong wills. the reality is it's not unusual -- if you want to once again extend debt, you want to get -- this is money he was not supposed to spend that we spent. that's why we went over. now you want to say, i want to stop that and make sure we don't do it again. that's a responsible thing. >> neil: bottom line is we're between a rock and a hard place weeks from now. >> we are. the only thing that resolves this is a congress election a year from now. >> neil: thank you. >> if the shooting couldn't stop partisan politics for a few days, are we surprised the president really let it rip? [ man ] this isn't my first career. but it might just be my favorite. [ female announcer ] welcome to the new aarp. we're ready to help you rediscover purpose and passion with programs like life reimined to inspire you and connect you, resources to help turn your goals and dreams into real possibilities. aarp, an ally for real possibilities. find new tools and ideas for work, m
he's wrong on the debt ceiling -- >> neil: but if it doesn't take away the partisan nature, nothing with. >> it's about two very strong wills. the reality is it's not unusual -- if you want to once again extend debt, you want to get -- this is money he was not supposed to spend that we spent. that's why we went over. now you want to say, i want to stop that and make sure we don't do it again. that's a responsible thing. >> neil: bottom line is we're between a rock and a hard...
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Jan 12, 2013
01/13
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MSNBCW
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this is the subject of every conversation on the beltway now. deficit-debt. my sense is essentially no one knows what those words mean. what that thing is pointing to and what the implications of the meaning of that are. before we get to that, dylan, on the political question, do you think -- i mean is the idea that we should all be thinking is the republicans are essentially hinting that they'll go, you know, cause a half shutdown but not really mean it. here is john boehner on the debt limit fight essentially seeming to indicate maybe back off and hedge a little bit. he hedges noting he is not the ultimate leverage. republican stronger card boehner believes the sequester triger that trims all discretionary programs, how do you read this in terms of what they're going to do? >> i read it as responsible lawmakers will not walk us over this unprecedented silly, you know, exercise. however, it is pint of leverage. and i think that, you know, you'll probably see some sort of deal that has a short term increase in the debt limit three months, six months. and a co
this is the subject of every conversation on the beltway now. deficit-debt. my sense is essentially no one knows what those words mean. what that thing is pointing to and what the implications of the meaning of that are. before we get to that, dylan, on the political question, do you think -- i mean is the idea that we should all be thinking is the republicans are essentially hinting that they'll go, you know, cause a half shutdown but not really mean it. here is john boehner on the debt limit...
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Jan 7, 2013
01/13
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CSPAN
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the debt ceiling. we need to match every dollar that goes into raising the debt ceiling with at least one dollar spending cuts. would you support cuts that high? >> these two things should not be related. we should subject every dollar we spend to the harshest scrutiny. if the taxpayer getting his or her dollars worth for that spending? that is a judgment we have to make. as we make cuts to reduce spending. having nothing to do with whether the full faith and credit of the us should be jeopardized. resulted in the downgrade of our rating. it is a fundamental discussion. should we cut spending to raise the debt ceiling? it sounds logical. the debt ceiling is about spending that has already occurred. stop buying stuff so you do not have teacher bills. we have to pay the bills that have been incurred. if you want to say cut spending for what we do next, fine. you do not tie it the debt ceiling. >> should spending be tied to an increase on the debt limit? a tweet -- tom, arlington, texas, independent. call
the debt ceiling. we need to match every dollar that goes into raising the debt ceiling with at least one dollar spending cuts. would you support cuts that high? >> these two things should not be related. we should subject every dollar we spend to the harshest scrutiny. if the taxpayer getting his or her dollars worth for that spending? that is a judgment we have to make. as we make cuts to reduce spending. having nothing to do with whether the full faith and credit of the us should be...
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Oct 16, 2013
10/13
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now, with every hand debt ceiling, of course, the opposition raises questions. we never thought that we would just be happy that the government was closing down. no, no, no. there is something in the water today that didn't exist when i resisted increasing the debt ceiling and you know it. >> i think it's a republican in the white house then versus a democrat now. i don't know. >> well, that makes a difference. >> good to see you sir. >> but never been a republican president that i would be prepared to have the country default because of the debt ceiling. >> okay. congressman. it is good to see you. >> thank you. >> you have a great smile, sir. >> good to be back. >> thanks very much. no shut down pain, no gain? >> whose land is it? is it your land? is it the government land? or do you oversee the people's land and, please, think before you answer. >> it's the people's land. >> if it's the people's land, then don't you have an obligation to absolutely positively mitigate to the greatest extent possible the adverse effects on people? >> i operate under the. >> no
now, with every hand debt ceiling, of course, the opposition raises questions. we never thought that we would just be happy that the government was closing down. no, no, no. there is something in the water today that didn't exist when i resisted increasing the debt ceiling and you know it. >> i think it's a republican in the white house then versus a democrat now. i don't know. >> well, that makes a difference. >> good to see you sir. >> but never been a republican...
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>> taxes, spending, the debt ceiling. the shutdown. think there's just a general concern once you get momentum it gets shut down again. so i think that if, from the ceos and cfos i deal with almost every day, deloitte works with 70% of the fortune 500 it is always brought up. and second thing that is brought up regulation in industries. connell: it will be a big question, a doll foe, a lot -- adolfo, a what people talk about, there is lot of uncertainty out there and i will hold back on hiring. the other camp will say, boy, maybe we're starting to see momentum, over 200,000 jobs are added, and that will affect how the fed thinks about things and tapering we talk about all the time. what is next do you think. >> if i could go back, there is a good news maybe going forward talking about uncertainty here. that when business will look at this report and relies that maybe the government shutdown was not so damaging, as we were afraid of, they will get some confidence that the at least about those issues we can go back and hiring because the
>> taxes, spending, the debt ceiling. the shutdown. think there's just a general concern once you get momentum it gets shut down again. so i think that if, from the ceos and cfos i deal with almost every day, deloitte works with 70% of the fortune 500 it is always brought up. and second thing that is brought up regulation in industries. connell: it will be a big question, a doll foe, a lot -- adolfo, a what people talk about, there is lot of uncertainty out there and i will hold back on...
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Jan 15, 2013
01/13
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FBC
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the debt ceiling remains in focus, and arguably, more important now at this point than the fiscal cliff; right? that's something to keep in mind, no doubt, not just here, but across the globe. the dow down about 14 points, one-tenth of 1% selling off there. keeping an eye on the retailers, numbers of the holidays up half of 11%. you noted facebook, front and center, apple below 500, but look at research in motion. the blackberry maker. january 30th, the day we are waiting for the blackberry 10. we talked about this for easily six months, but now we are hearing about developers and apps being submitted as record pace over at research in motion, carriers signing up on board. research in motion had a nice run over the last month or so. a look today, selling off 4%, and as i noted, there's a nice chart, november, december into 2013, there's a run up. back to you. dennis: hope at rim. thank you, nicole. cheryl: call it deja vu. president obama again attacks wealthy investors. >> they don't think it's fair, for example, to ask a senior to pay more for his or her health care or a scientist to
the debt ceiling remains in focus, and arguably, more important now at this point than the fiscal cliff; right? that's something to keep in mind, no doubt, not just here, but across the globe. the dow down about 14 points, one-tenth of 1% selling off there. keeping an eye on the retailers, numbers of the holidays up half of 11%. you noted facebook, front and center, apple below 500, but look at research in motion. the blackberry maker. january 30th, the day we are waiting for the blackberry 10....
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Oct 4, 2013
10/13
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once you pass the budget, once you pass the debt ceiling, there is no incentive for any side to -- >> neil: the republicans fear your word is only as good as your word. so -- >> every major budget agreement we have had for the last 25 years has actually made to the extent we have -- any progress on the deficit, it's because of the deals made in crises like this. if we don't get a deal now my fear and the fear of americans, we're just going to keep borrowing a half trillion a year. >> neil: it will settle eventually. but we will never ever get serious about he the spending. >> that is a depressing thing to say. i think americans want to get serious about it. >> neil: i think you're right. we ought to do a little card to flip it around and say, get serious. i love that. that's so cool. >> steve, thank you. >> you need one of those cards. >> neil: i do. karen is on a tear, whipping up winds and then worries on the gulf of mexico. we'll be hearing from florida's governor who is preparing for the worst. >> overall, we have had such a quiet hurricane season and we have a storm but it's not
once you pass the budget, once you pass the debt ceiling, there is no incentive for any side to -- >> neil: the republicans fear your word is only as good as your word. so -- >> every major budget agreement we have had for the last 25 years has actually made to the extent we have -- any progress on the deficit, it's because of the deals made in crises like this. if we don't get a deal now my fear and the fear of americans, we're just going to keep borrowing a half trillion a year....
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Jan 10, 2013
01/13
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perhaps you could reduce the debt ceiling and increase spending every time you reduce it. i do not know. it is a bizarre scenario. the democrats have said that revenue will be on the table as part of their position. it is not a given that if they do this, all 2 trillion will come from spending cuts. some will come from additional revenue as well. >> is sequestration happens, if congress did not stick with the budget control act, [indiscernible] >> is budget deals do not tend to stick around for long and altered very long. i would not read too much into this. even if they decide to leave it alone this year. in fy-14, this will be debated again. the amounts could change. they could go up or down. >> do you see sequestration happening? by that then so you are describing and the inability of congress to do anything. >> i'm not sure if that is the most likely outcome yet. of sequestration is going up. the odds of a deal to change it has gone down. a delay is still a possibility. they might delay it again by a few months. at some point, delays run out and you need to do somethin
perhaps you could reduce the debt ceiling and increase spending every time you reduce it. i do not know. it is a bizarre scenario. the democrats have said that revenue will be on the table as part of their position. it is not a given that if they do this, all 2 trillion will come from spending cuts. some will come from additional revenue as well. >> is sequestration happens, if congress did not stick with the budget control act, [indiscernible] >> is budget deals do not tend to...
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Jan 15, 2013
01/13
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ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of treatment for bronchitis and related problems. >>> rand paul faces charges of assaulting a flight attendant on a january 5th flight in addition to underage drinking and other charges. >>> the chicago transportation authority is suing united airlines. they claim the airline is buying its jet fuel 70 miles away to avoid paying close to $300 million in sales taxes. the airline says the suit's claims are untrue. >>> students at the university of vermont should not bring bottled water had they return to campus because the school has banned its sale for environmental reasons. vermont is the largest public university to prohibit bottled wate
ceiling, although he said he is open to more spending cuts. but he insisted that the u.s. is, quote, not a deadbeat nation. >>> walmart, the nation's largest retailer, will announce a plan today to hire every veteran honorably discharged in the last 12 months who wants a job which could mean 100,000 new jobs. >>> former president george h.w. bush was released from a houston hospital after more than seven weeks of treatment for bronchitis and related problems. >>> rand...
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Jan 14, 2013
01/13
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how many people out there truly understand the debt ceiling debate. if the president keeps coming out and says the republicans are going to shut down the country and kill us, every-- >> that's what he believes is true and according to the latest articles, let me finish up. the latest articles politico, saying that they'll-- >> some members of the g.o.p. feel that way. by the same token, 244 billion dollars that come into the coffers every single month. it's a matter how you allocate them. not as if we're going to completely turn off the spigot. >> megyn: it's not like washington shuts down and cannot function, but this they'll be handicapped if the g.o.p. doesn't get what it wants. >> it's not just 50% of the budget. we're talking cutting enormous parts of the budget. start bringing troops home from overseas, who are we not going to pay? the idea of default is mind-boggling. >> one way or another we get to be even broker if we don't, you know, if we don't sort out the spending problem longer term. >> megyn: that's how the republicans see it. >> i tota
how many people out there truly understand the debt ceiling debate. if the president keeps coming out and says the republicans are going to shut down the country and kill us, every-- >> that's what he believes is true and according to the latest articles, let me finish up. the latest articles politico, saying that they'll-- >> some members of the g.o.p. feel that way. by the same token, 244 billion dollars that come into the coffers every single month. it's a matter how you allocate...
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Oct 4, 2013
10/13
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we can't every time we have to raise the debt ceiling, which has been done numerous times. you can't have a president that is held hostage to situations like they are trying. the president will not do that. he understands what america is all about. the tea party folks either don't or don't care. >> republicans and democrats -- it doesn't he might there has been any progress. >> i feel positive that if john boehner who is basically a nice guy cannot let this go on. he can't have his speakership more important than the country. last question. >> if john boehner does allow to just vote on this clean continuing resolution, who would likely be the next speaker of the house? >> the safety, security of this nation and economic welfare of this country is not john boehner. john boehner is going to let his speakership be more important -- 72% of our intelligence community is out of work. they can't do their job. you have people who can't get care. sick babies, sick everybody they can't get the help they need. i can't say it is well -- i am never good with words. i will close with thi
we can't every time we have to raise the debt ceiling, which has been done numerous times. you can't have a president that is held hostage to situations like they are trying. the president will not do that. he understands what america is all about. the tea party folks either don't or don't care. >> republicans and democrats -- it doesn't he might there has been any progress. >> i feel positive that if john boehner who is basically a nice guy cannot let this go on. he can't have his...
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Oct 2, 2013
10/13
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this can change the minute we find out we are not going increase the debt ceiling, you could see a drop. >> you talk to friends on wall street. do you get reaction the day after the government shutdown? >> no. the expectations of what congress will do are lower than they were five years ago. that's the problem. so many americans are not surprised, and as mike pointed out, so many americans are going about their daily lives, they do not feel affected. i feel terrible for the folks suffering because national parks are not open and services are not open, but it's not affecting the broad vast majority of americans yet. they are not feeling it. >> ali velshi, great to see you. >> vet rans are feeling the impact of the shutdown. in washington d.c. 91 world war ii vets arrived from mississippi, but all the memorials in the nation's capital were closed because the shutdown. the vets were told they could not tour the world war ii monument. a grouch of congressman stepped in, moved the barriers and let them inside. >> we heard what is happening in washington, wall street, coming up more of the im
this can change the minute we find out we are not going increase the debt ceiling, you could see a drop. >> you talk to friends on wall street. do you get reaction the day after the government shutdown? >> no. the expectations of what congress will do are lower than they were five years ago. that's the problem. so many americans are not surprised, and as mike pointed out, so many americans are going about their daily lives, they do not feel affected. i feel terrible for the folks...